Market Research Executive

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai

Job Description

Full job description
Job description

Unistanz Software Pvt. Ltd (www.unistanz.com) is hiring for the position of Market Research Executive in the Life Insurance domain. We are looking for candidates with strong analytical and research skills who can contribute to competitive intelligence and market analysis.

Location: Lower Parel / Chinchpokli

Immediate to 15-20 days joiners preferred

Interested candidate can apply on jobs@unistanz.com

Job Description Market Research Executive

Key Responsibilities:

Conduct thorough daily research on competitors' products and strategies
Monitor competitors' activities - product launches and product changes through comprehensive secondary research
Gain valuable exposure by working across multiple segments within the life insurance industry
Perform SWOT analysis and manage quantitative ad-hoc requests received from management
Present actionable insights and strategic recommendations to key stakeholders in a clear and concise manner
Calculate the Internal Rate of Return (IRR) for both competitors' and in-house products as part of competition benchmarking
Assist in the development and maintenance of a robust competitive intelligence database
Prepare detailed and maintain repositories on competitors' plans and strategies
Benchmark competition both qualitatively and quantitatively for segments such as Savings, Term, Annuity and ULIPs
Required skills and qualifications

Proficiency in Life Insurance and their segments
Strong analytical, critical thinking and drafting skills
Atleast 1 year of experience with Bachelors/Masters/PGDM in Business, management or related field (preferred)
Must be aware of the terminology IRR and must be well experience with MS office and Advance Excel
Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹32,000.00 per month

Benefits:

Cell phone reimbursement
Health insurance
Leave encashment
Provident Fund
Application Question(s):

1. How many years of experience do you have in Market Research? We are looking for 1 to 2 years of experience.
2. Are you willing to work in Life Insurance domain ?. Do you have knowledge or experience in Life Insurance domain?
3. Do you have experience in Advance Excel (Pivot, VLOOKUP, Dashboards/Trackers, HLOOKUP, etc)?
4. How many years or months of experience/ knowledge on IRR (Internal Rate of Rate) and managing large data set ?
5. What is your current Location in Mumbai? Kindly Specify it.
6. What is your current monthly in-hand salary ?
7. What is your expected monthly in-hand salary ?
8. We are looking for Immediate to 15-20 days joiners. Kindly specify your official notice period.
9. The Interview would Assignment based, Face to face (In person) & Virtual Interview. Are you ready for the same.
10. Work based location will be Lower Parel / Chinchpokli. Are you ready for the same ?
Work Location: In person

 

💡 Quick Summary

Seeking a career-building opportunity? The Market Research Executive position is now open for candidates interested in the Insurance sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Insurance is a plus.

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Frequently Asked Questions

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The expected salary for Market Research Executive in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Market Research Executive is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Market Research Executive. Previous experience in Insurance is a plus. Freshers may also apply depending on the employer's requirements.
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